Week in Review, October 10

Week in Review

VW’s US chief testifies; GE, Air France, Twitter and more

Herogram: Edward Snowden’s tweet to Max Schrems on Tuesday after his complaint against Facebook led to the scrapping of the Safe Harbour clause

Data protection: No safe harbour

Will ECJ’s ruling on a pact allowing the free flow of data across the Atlantic help or hurt Europe’s start-ups?

The Pimco people named in Gross’s lawsuit

Ex-chief claims there was ‘cabal’ of key executives at the investment house

Ithaca Energy raises $66m in share sale

Oil explorer sells new equity at significant premium

Gross suit throws up battle of bonus pool

Central question of complaint asks how much is a star bond investor worth

Paul Singer on how charity meets politics

Philanthropists should use ‘all the tools in the tool box’

US television M&A: too many cooks

Strategic rationale is not the only thing that is odd about the proposed Media General/Meredith merger

Asian FX lead emerging markets rebound

Malaysian ringgit gains 6% over week and Korean won rises 3%

©Ingram Pinn

Bill Gross goes to court to settle scores

It’s about principle, not money, and readable filings certainly help

Apple pulls mobile app adblocker

Move to withdraw Been Choice from app store

StanChart to axe 1,000 top manager jobs

CEO Bill Winters’ move part of new strategy for bank

Yankee way to better work-life balance

Star baseball player’s entry to rehab is timely national wake-up

Magners maker C&C targeted by US activist

Hedge fund presses Irish brewer to sell faltering US operations

Musk lashes out at Apple’s car ambitions

Billionaire entrepreneur calls iPhone maker the ‘Tesla Graveyard’

Apple Pay rollout gathers pace in US

Three-quarters of top merchants do not take contactless payments

Alcoa earnings disappoint as China slows

Earnings season kicks off with poor performance from bellwether

Smartphones top PCs in Google search

Rise in mobile queries raises questions for group’s ad business

Sold: abcdefghijklmnopqrstuvwxyz.com

Google purchases domain name on back of Alphabet restructure

Bill Gross sues Pimco for $200m

Ex-colleagues accused of ‘lust for power and greed’

Content fuels tensions in Silicon Valley

Content owners wary of turning the TV set into platform for apps


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